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Home
About Us
Firm Overview
Edgewood Team
Careers
Loan Programs
Bridge Loans
Mezzanine Loans
Preferred Equity
Loan Acquisitions
Property Acquisitions
Investment Strategies
Prior Transactions
Edgewood Map
Contact Us
Holiday Inn Ocotillo
Edgewood funded a $9,250,000 bridge loan secured by a first mortgage on a 106-key Holiday Inn hotel located in Chandler, AZ.
Edgewood’s loan will be used to acquire the property and provide capital for the PIP required.
Edgewood was able to close quickly within a few weeks with the borrower constrained by a hard closing date.
The property was under-performing due to a lack of management from the absentee owner.
Return To Deal List
Detail
Loan Amount :
$9,250,000
Loan Type :
First Mortgage
Property Type :
Hotel
Property Size :
106 Keys
Address
Block Location :
Chandler, AZ
Country :
United States